NOT LISTED FOR SALE

701 Spanish Main Dr Unit 82 Cudjoe Key, FL 33042

Estimated Value: $234,005 - $288,000

0.05 Acre
$5,592,413 Price per Acre
2,009 Sq Ft Lot

Last Sold August 10, 2023

Last sale price $255,000

Est. 1% increase in value since last sale

Current estimated payment $1,793/month

203 Days on Market

Highlights

  • Boat Ramp
  • Tennis Courts
  • Clubhouse
  • Beach
  • Gated with Attendant
  • 1-minute walk to Loop Road

About This Lot

As of August 2023

Awesome corner lot in Venture Out- perfect for your large RV or build a manufactured home here. Venture Out is an incrediblen ocean side resort located on Cudjoe Key, with great boating, fishing and scuba diving access. Some of the many amenities this charming resort offers are a community boat ramp, large heated pool, tennis courts, pickleball courts, hot tub, bocce, basketball, salt water swimming area, marina, convenience store, fuel dock, playground, overflow parking and more.

Last Agent to Sell the Property

Rhonda Williams

Select Properties of NWFL License #701026 Listed on: 12/28/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,377

Lot Details

  • 2,009 Sq Ft Lot
  • Corner Lot
  • Property is zoned URM - Urban Res Mobile Home District

HOA Fees

  • $301 Monthly HOA Fees

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 00188681-008400

Community Details

Overview

  • Venture Out Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Boat Ramp
  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$1,377

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Property Type: Lots and Land
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Cudjoe Key
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 23.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Clubhouse, Beach, Spa, Community Boat Ramp, Community Dockage, Community Pool, Tennis Courts
  • Property Group I D: 19990816212131825981000000
  • Sale Terms: Cash
  • Side: Ocean
  • State Province: FL
  • Taxes: 1377.46
  • Alternate Key Number: 1241474
  • Lot Sq Ft: 2009.00
  • First Right of Refusal: No
  • Association Fee: 902.26
  • Association Maintenance Fee Per: Quarterly
  • Mandatory HOA: Yes
  • Existing Utilities: Electric on Site, Water Meter, Sewer
  • Location Site: Corner Lot
  • Miscellaneous Info Mobile Home Lot: Yes
  • Miscellaneous Info Recorded Plat: Yes
  • Miscellaneous Info Rogo W Letter: Yes
  • Miscellaneous Info R V Lot: Yes
  • R O G O Exempt: Yes
  • Tax Exemptions: None
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: Boat Ramp, Basin
  • Waterfront: None
  • Waterfront: No
  • Waterview: No Waterview

Utilities

  • Security: Manned Gate

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: VE,AE
  • Parcel Number: 00188681-008400
  • Land Size: Less Than 1/4 Acre
  • Total Lots: 1.00

Tax Info

  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2022
Closed on
Aug 10, 2023
Sold by
Korol Marta Lidia and Korol Stefanie Marta
Bought by
Cancio Miguel and Cancio Cindy R
Seller's Agent
Rhonda Williams
Select Properties of NWFL
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
229
Current Estimated Value
$257,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,251
Avg. Annual Appreciation
0.40%

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 19, 2018
Sold by
Caines Norma T
Bought by
Korol Marta L and Korol Stefanie M
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Rhonda Williams
2150
List Price
$118,000
Sold Price
$108,000
Premium/Discount to List
-$10,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%

Purchase Details

Listed on
Jan 26, 2018
Closed on
Apr 18, 2018
Sold by
Caines Norma T
Bought by
Korol Marta L and Korol Stefanie M
Seller's Agent
Rick Lively
Coldwell Banker Schmitt R.E.
Buyer's Agent
Rhonda Williams
2150
List Price
$118,000
Sold Price
$108,000
Premium/Discount to List
-$10,000
-8.47%

Purchase Details

Closed on
Apr 11, 2002
Sold by
Linda Semmler I
Bought by
Caines Norma T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1998
Bought by
Caines Norma T

Purchase Details

Closed on
Feb 1, 1998
Bought by
Caines Norma T

Purchase Details

Closed on
Oct 2, 1995
Sold by
Defranco Philip A and Defranco Joan E
Bought by
Yea Linda and Tomalty Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
7.83%

Purchase Details

Closed on
May 12, 1994
Sold by
Kerr Peter C and Kerr Rita A
Bought by
Defranco Philip A and Defranco Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.48%

Purchase Details

Closed on
May 1, 1985
Bought by
Caines Norma T

Purchase Details

Closed on
Apr 1, 1982
Bought by
Caines Norma T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cancio Miguel $255,000 True Title Agency
Korol Marta L $108,000 None Listed On Document
Korol Marta L $108,000 None Listed On Document
Caines Norma T $70,000 --
Caines Norma T $45,000 --
Caines Norma T $43,000 --
Yea Linda $59,000 --
Defranco Philip A $56,000 --
Caines Norma T $18,000 --
Caines Norma T $14,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caines Norma T $50,000
Previous Owner Yea Linda $25,200
Previous Owner Defranco Philip A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $255,000 -7.3% --
07/19/2023 07/19/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $275,000 +154.6% --
04/18/2018 04/18/18 Sold $108,000 -8.5% -- View Prior Sale
03/25/2018 03/25/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $118,000 -- --
Source: Marathon and Lower Keys Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,715 $213,772 $212,839 $933
2023 $1,715 $188,430 $187,497 $933
2022 $1,505 $140,747 $139,814 $933
2021 $1,377 $105,745 $104,812 $933
2020 $1,298 $96,614 $95,681 $933
2019 $1,405 $108,281 $107,348 $933
2018 $1,215 $103,092 $102,275 $817
2017 $1,201 $89,946 $0 $0
2016 $1,131 $76,427 $0 $0
2015 $1,165 $75,266 $0 $0
2014 $1,251 $80,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 603548

APN: 00188681-008400